BlackRock更新比特币ETF归档，引入新的语言突出显示量子计算风险

这项修订于5月9日提交，反映了行业对高级计算技术如何影响数字资产中使用的加密系统的认识。

BlackRock (NYSE:BLK) has updated the S-1 registration statement for the iShares Bitcoin Trust (NYSE:IBIT) to include a section on the potential risks posed by quantum computing.

BlackRock（NYSE：BLK）已更新了Ishares Bitcoin Trust（NYSE：IBIT）的S-1注册说明，其中包括有关量子计算带来的潜在风险的部分。

The new language, filed on Monday, is part of a broader industry discussion about how emerging technologies could impact the cryptographic systems used by digital assets.

周一提交的新语言是关于新兴技术如何影响数字资产使用的加密系统的更广泛行业讨论的一部分。

What Happened: In a filing with the Securities and Exchange Commission, BlackRock pointed out that significant future advancements in quantum computing could compromise the security underpinning Bitcoin (CRYPTO: BTC).

发生的事情是：在向美国证券交易委员会提交的文件中，贝莱德指出，量子计算的未来进步可能会损害比特币的安全基础（Crypto：BTC）。

If quantum technology were to progress far beyond its current capabilities, it might render the cryptographic algorithms used by Bitcoin obsolete. This could enable malicious actors to exploit vulnerabilities, such as gaining unauthorized access to wallets that store Bitcoin for the trust or its investors.

如果量子技术远远超出其当前功能，它可能会导致比特币过时使用的加密算法。这可以使恶意行为者能够利用漏洞，例如获得未经授权的访问信托或投资者为比特币存储比特币的钱包。

While noting that quantum computing is still under development and its full capabilities are uncertain, BlackRock highlighted the importance of disclosing any theoretical threats that could affect the performance or security of its crypto investment products.

虽然指出量子计算仍在开发中，并且其全部功能尚不确定，但贝莱德强调了披露任何可能影响其加密投资产品绩效或安全性的理论威胁的重要性。

“It is possible that new technology, such as large-scale quantum computers, could be used to break the cryptographic algorithms used to secure the Bitcoin network or to forge the private keys used to authorize Bitcoin transactions,” the asset manager stated in the filing.

该资产管理器在文件中说：“新技术（例如大型量子计算机）可能会用于打破用于保护比特币网络的加密算法或伪造用于授权比特币交易的私钥。”

The asset manager also updated the S-1 application for the iShares Ethereum (ETH) Trust to include plans to support an in-kind creation and redemption structure.

资产管理器还更新了Ishares以太坊（ETH）信托的S-1应用程序，包括支持实物创建和赎回结构的计划。

This model would allow investors to exchange shares of the iShares Ethereum ETF (NYSE:ETHU) directly for Ethereum (CRYPTO: ETH) or vice versa, eliminating the need for cash transactions.

该模型将允许投资者直接将Ishares Ethereum ETF（NYSE：ETH）的股票与以太坊（Crypto：ETH）直接交换，反之亦然，从而消除了现金交易的需求。

The move is seen as a logical step towards optimizing the ETF's efficiency and minimizing unnecessary costs.

此举被视为旨在优化ETF效率并最大程度地减少不必要成本的逻辑步骤。

It would also circumvent the requirement to convert crypto into fiat currency, which is currently mandated by the SEC for the cash-based structure used by issuers.

它还将规定将加密货币转换为法定货币的要求，该法币目前是由发行人使用的基于现金的结构的。

This approach could help issuers limit price slippage and save on trading fees.

这种方法可以帮助发行人限制价格滑倒并节省交易费用。

It is worth noting that the SEC has yet to approve in-kind (or "physical") redemption models for crypto ETFs, but industry analysts anticipate this to happen later in 2023.

值得注意的是，SEC尚未批准加密ETF的实物（或“物理”）赎回模型，但行业分析师预计这将在2023年晚些时候发生。

“Eric Balchunas & I expect SEC approval for In-kind at some point this year…Notably, the first application for any of the Ethereum ETFs to apply for In-kind creation/redeem has a final deadline around ~10/11/25,” noted Bloomberg ETF analyst, James Seyffart.

“ Eric Balchunas＆i希望在今年的某个时候获得SEC的批准……值得注意的是，任何以太坊ETF的申请申请In-Bink Creation/Exeem的第一个申请的最终截止日期左右〜10/11/25，”彭博ETF分析师詹姆斯·塞耶法特（James Seyffart）表示。

What Else Is Known: IBIT, the largest spot Bitcoin ETF in the U.S., has been a subject of significant interest.

还有其他已知的东西：IBIT是美国最大的位置比特币ETF，一直引起人们的兴趣。

It has now recorded 19 consecutive days of inflows, amassing more than $5.1 billion during the reporting period.

现在，它连续出现了19次流入，在报告期间积累了超过51亿美元。

As of Monday, May 8, IBIT’s net inflows for the past 30 days reached $6.66 billion, making it the ETF with the highest net inflows over 30 days.

截至5月8日星期一，IBIT过去30天的净流入量达到66.6亿美元，使其成为30天内净流入最高的ETF。

Earlier this year, BlockRock began meeting with the SEC to discuss crypto ETF staking and securities tokenization.

今年早些时候，BlockRock开始与SEC会面，讨论Crypto ETF Staking和证券化令牌。

The world’s largest asset manager is also preparing to launch an entry-level ETF that will invest in the iShares Core U.S. Aggregate Bond ETF (NYSE:AGG).

全球最大的资产经理还准备推出一项入门级ETF，该ETF将投资于Ishares Core US Grengregate Bond ETF（NYSE：AGG）。

This new ETF will be structured as a single-factor ETF and will serve as a building block for a broader fixed-income ETF product suite that BlackRock plans to introduce later this year.

该新的ETF将作为单因素ETF构建，并将作为BlackRock计划在今年晚些时候推出的更广泛的固定收入ETF产品套件的基础。

What’s Next: Despite the potential theoretical risks highlighted by BlackRock, it’s crucial to note that quantum computing technology is still in its early stages of development.

接下来是：尽管贝莱德强调了潜在的理论风险，但至关重要的是要注意量子计算技术仍处于发展的早期阶段。

While there has been significant progress in recent years, especially with the development of superconducting qubits and topological matter, quantum computers capable of posing a threat to cryptocurrencies are still a subject of speculation.

尽管近年来取得了重大进展，尤其是随着超导量子和拓扑问题的发展，能够对加密货币构成威胁的量子计算机仍然是猜测的主题。

Despite the rumors of FTX’s collapse impacting the crypto market, the crypto market, specifically Bitcoin, has shown resilience, and institutional interest in cryptocurrencies continues to grow.

尽管有传言称FTX崩溃影响了加密市场，但加密货币市场，特别是比特币，已经显示出韧性，并且对加密货币的机构兴趣不断增长。